Intel Analysts See Turnaround Plans as Long-Drawn, Ambitious, and Investment-Heavy

Intel Analysts See Turnaround Plans as Long-Drawn, Ambitious, and Investment-Heavy
The Intel Corporation logo is seen on a display in a store in Manhattan, New York, on Nov. 24, 2021. Andrew Kelly/Reuters
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Intel Corporation shares ended last week sharply lower, as the chip giant’s Investor Day presentations left investors unimpressed.

The Intel Analysts

BofA Securities analyst Vivek Arya maintained an Underperform rating and $52 price target for Intel shares.

Rosenblatt Securities analyst Hans Mosesmann maintained a Sell rating and $40 price target.